India, Russia explore digital currency payments for trade in cross-border breakthrough
- Posted on September 11, 2026
- By Business News Today
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- 1 min read
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India, Russia explore digital currency payments for trade in cross-border breakthrough
India and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlements as BRICS seeks alternatives to traditional payment systems. Sberbank CEO Herman Gref said the initiative could support trade expansion, while Russian companies rupee holdings and the widening trade imbalance remain key challenges.
